GST Compliance & E-Invoicing Framework: Automating GSTR-1, 3B & 2B Reconciliation
Under modern Indirect Tax regimes like India GST, businesses must operate with 100% digital precision. With automated e-invoicing (IRN generation) and strict GSTR-2B Input Tax Credit (ITC) matching rules, legacy manual bookkeeping is no longer viable.
1. Key Pillars of Automated GST Compliance
- E-Invoicing (IRN) Generation: Automatically sending B2B Tax Invoices to the Invoice Registration Portal (IRP) to generate signed QR codes and Invoice Reference Numbers (IRN).
- GSTR-2B vs. Purchase Register Matching: Matching purchase invoices against GSTR-2B portal data to catch missing supplier filings early and prevent ITC loss.
- E-Way Bill Integration: Generating part-A and part-B E-Way bills directly for consignment values exceeding statutory thresholds.
- SEZ & Export Tax Treatment: Managing Zero-Rated supplies under Letter of Undertaking (LUT) or with payment of IGST and refund claiming.
receipt_long FAS26 GST Tax Engine Features
FAS26 includes automated journal entries for CGST, SGST, IGST, UTGST, and reverse charge mechanism (RCM) transactions, seamlessly outputting GSTR-1, GSTR-3B, and GSTR-2B matching tables.
2. Preventing ITC Loss through Smart Reconciliation
If your supplier fails to upload an invoice in their GSTR-1, the tax law restricts your business from claiming ITC in GSTR-3B. FAS26 automatically flags supplier discrepancies, calculates interest liabilities, and generates vendor follow-up reminders.